Time Technoplast approves 1:1 bonus share issue, doubling equity capital

Time Technoplast's board of directors, in a meeting held on September 24, 2025, approved the allotment of 22,69,29,066 bonus equity shares. These shares, valued at INR 1/- each, will be distributed in a 1:1 ratio, meaning one new fully paid-up equity share for every existing one. The record date for eligible members was set for September 23, 2025.

This allotment will significantly increase the company's paid-up equity share capital. Before this issue, the company had 22,69,29,066 shares, totaling INR 22,69,29,066. Post-issue, the number of shares will rise to 45,38,58,132, with the total paid-up capital reaching INR 45,38,58,132. The new bonus shares will rank pari-passu with existing equity shares.

The bonus shares will be credited to the respective demat accounts of eligible members. For those holding physical shares, the bonus shares will be credited to a specific "Time Technoplast Limited-Suspense Escrow Demat Account" until requisite documents are submitted for direct crediting to their demat accounts, in compliance with SEBI regulations.